Tag: dexs

Jun 06 2022

Suspected exploit shuts down Elrond’s Maiar DEX

Jun 06 2022 Published at CryptoSlate under tags  dexs hacks rumors

Elrond (EGLD) CEO Beniamin Mincu tweeted about "suspicious activities on the Maiar DEX" on June 6....

May 31 2022

Mirror Protocol reportedly under attack – $2M already drained

May 31 2022 Published at CryptoSlate under tags  dexs hacks tokens

The Dark Knight of Terra — FatManTerra — has again reported on another exploit with the Terra ecosystem. Mirror Protocol, a decentralized exchange on Terra, has had over $2 million drained due to an issue with the pricing oracle for Luna Classic. The oracle issue affected other apps such as CoinStats early on May 31. Investors who own LUNC will have woken up...

May 27 2022

Nansen Report shows that UST lost its peg due to the work of multiple large entities

May 27 2022 Published at CryptoSlate under tags  analysis dexs stablecoins technology

TerraUSD (UST) losing its $1 peg and falling to $0.03 and the crash of Terra (LUNA) to $0.0001372 were two events that shook the crypto community. UST (now rebranded as USTC or TerraClassic USD) is an algorithmic stablecoin backed by the collateral token Terra (now...

May 26 2022

ErgoDEX prepares for imminent launch on Cardano

May 26 2022 Published at CryptoSlate under tags  defi dexs mining technology

The ErgoDEX team tweeted that they are two weeks into a testnet run and have been getting stable results. The next step is performance optimization and ironing out bugs before launching on the Cardano chain. We have been running our Cardano testnet for around 2 weeks at this point. We are now...

May 24 2022

This DEX dwarfs the competition by number of users

May 24 2022 Published at CryptoSlate under tags  dexs

Blockchain media firm CryptoDiffer compiled a list of the top 15 decentralized exchanges (DEXs) by the number of users in the last 30-days. Topping the list is Binance Smart Chain's PancakeSwap, with approximately 2,600,000 users. The next most popular DEX is Solana's Orca, with 528,000 users. In comparison, Polygon's Quickswap makes third place with 196,100 users over...

Yet another Terra Luna proposal fails to execute after passing a vote

May 24 2022 Published at CryptoSlate under tags  dexs stablecoins tokens web3

Proposal 1299 to (re)enable IBC passed over the weekend with a 95% "Yes" vote and 0.01% "No" vote. However, like a previous proposal to burn the community UST pool, this proposal "did not successfully execute due to technical issues" as well....

May 03 2022

Tokenized cross-chain stocks tradable 24/7 – is this the future?

May 03 2022 Published at CryptoSlate under tags  dexs edge interview investments

We caught up with Bryan Hernandez, the founder of Structure, an upcoming decentralized exchange that offers tokenized stocks that are tradeable 24/7. The platform's goal is to provide ways for the currently unbanked parts of the world to get access to stocks such as Tesla, Google, and Apple, which are presently out of reach. A novel and exciting approach, the tokenized versions of...

Apr 20 2022

How AdaSwap plans to raise the bar for Cardano DEXs

Apr 20 2022 Published at CryptoSlate under tags  altcoins dexs edge interview technology

Dubbed the "next-gen DEX," AdaSwap has high hopes of making a significant impact on the growing Cardano DeFi market. DeFi Llama currently shows ten DeFi projects listed for Cardano, of which four are inactive. A notable new entry is WingRiders, which Input Output CEO...

Apr 15 2022

UniSwap launches website integration in web3 domination bid

Apr 15 2022 Published at CryptoSlate under tags  dexs opensea uniswap uniswap protocol

Uniswap Labs, the developer behind the world's largest decentralized exchange (DEX), is launching a code that will allow any website to embed the DEX's capabilities, Bloomberg News reported...

Tether (USDT) and USDC stablecoins are being launched on the Cardano blockchain

Apr 15 2022 Published at CryptoSlate under tags  adoption defi dexs stablecoins

Since the debut of Tether, stablecoins have existed in the cryptocurrency space, but there have been no notable stablecoins in the Cardano ecosystem until recently. Charles Hoskinson, the Cardano founder, and co-founder of...

Apr 08 2022

Bitcoin’s DeFiChain adds tokens for Disney, Intel, MicroStrategy

Apr 08 2022 Published at CryptoSlate under tags  bitcoin btc coin intros defi defichain

DeFiChain announced on April 7 that four new decentralized assets, so-called dTokens, have been added to its ecosystem following a community vote. The four new decentralized tokens will give users price exposure —...

Mar 29 2022

Can ShibaDEX reignite interest in Shiba Inu?

Mar 29 2022 Published at CryptoSlate under tags  dexs memecoins

2022 is the year crypto got serious. Indeed, meme coins like Shiba Inu seem to have fallen by the wayside recently. While the current market-wide pump has brought renewed optimism across the board, including with SHIB, which is among the top gainers over the last week, its price is still 68% below the...

Mar 25 2022

How to buy crypto anonymously

Mar 25 2022 Published at CryptoSlate under tags  analysis defi dexs exchanges privacy

A paradox of cryptocurrency is that while early adoption was fuelled by anti- government and cypherpunk ideals, buying and holding crypto can actually be more traceably than traditional currencies because of the open nature of the blockchain ledger. On the other hand, those who make efforts to mask their identity can indeed buy crypto anonymously. This article will explain the most effective ways to...

Mar 17 2022

Binance app to integrate PancakeSwap, Binance DeFi Wallet

Mar 17 2022 Published at CryptoSlate under tags  binance bnb bnb chain cake defi

Binance, the world’s largest centralized crypto exchange by trading volume, is announcing the integration of the popular PancakeSwap into Binance’s app. PancakeSwap is currently the most popular decentralized platform by users and trading volume running on the BNB Chain, formerly Binance Smart Chain. According to a corporate...

[Updated] What Problems is izumi Solving for Uniswap V3

Mar 17 2022 Published at CryptoSlate under tags  analysis defi dexs technology tokens

Launched on Bybit in December, izumi Finance is the first programmable liquidity mining protocol that optimizes liquidity allocation and enables the protocol to deliver rewards precisely and efficiently over certain price ranges. Within a week of launching on Polygon in January,...

Mar 10 2022

Multi-chain instant swap platform Symbiosis announces beta mainnet launch

Mar 10 2022 Published at CryptoSlate under tags  avax bnb boba celo defi

Symbiosis Finance is a multi-chain AMM DEX and liquidity protocol that allows users to perform any crypto token swap. After a long period of testing, Symbiosis announced its beta mainnet launch which enables instant swaps with no need for special software–leveraging a simple solution for moving liquidity across different chains. The core of the Symbiosis...

Mar 08 2022

Is PancakeSwap about to make a comeback? Partnership teased with reveal coming soon

Mar 08 2022 Published at CryptoSlate under tags  dexs partnerships

PancakeSwap ($CAKE), the leading decentralized exchange on Binance Smart Chain (BSC), teases a new feature, which they will reveal in the coming days. The firm also states they are collaborating with a new partner to bring this about, only adding to the mystery....

Mar 05 2022

Here’s how the token economies of the top 4 DEXs work

Mar 05 2022 Published at CryptoSlate under tags  analysis defi dexs tokens

According to Footprint Analytics, as of Feb. 25, there were 372 DEX protocols, totaling a TVL of $62.3 billion, above 30% of the total of DeFi. The top 5 DEXes by TVL are...

Oct 14 2021

Jun 10 2021

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